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Search Results 0 to 49 of about 108 (some duplicates have been removed)
mentioned the defense budget. host: you are the perfect first phone call, that is what we are focusing on today on "the washington journal." for the whole part of the show we will be talking about defense, sequestration, and what it means for the pentagon. we will develop the entire show to that discussion. stay with us for the rest of it. "the washington post" reports on military contracts. it says here "over 250 contracts with a combined value of $21 billion, a 44% drop from october." it shows here the top five contracts in november by value. boeing was at the top of the list with a $4 billion contract for the air force. delta dental got a $6.2 billion contract for retiree coverage. then that is followed by battle space. those are some of the top defense contracts in november. that overall no. 4 defense contracts is down 44%. republican line, alaska -- arkansas? where are you from? caller: hold aligned. off a cliff. the fiscal cliff goes. take the pension away from the politicians that gave us in this place. host: what does that solve? caller: give us back our country. pioneers, thos
. >> referee: illegal contact. defense number 38. five yard penalty. automatic first down. >> cris: definitely contact. just a matter of who ran into whom. there you go. just one on one as it's been a lot of the time. almost looked like it was sort of a relaxed moment there. he used calvin to bounce off of him and make that turn and that flag. >> al: now from the 48. bell. to the 43 yard line. tackled by brad jones. the clock at 50 seconds. 15 more yards, then try the onside kick. stafford going deep, and it's kicked away, incomplete. williams on the other side of the field this time. helping to guard scheffler. third down. >> cris: they've got a lot of big guys on the field right now, but they just don't have that dynamic player that we're used to seeing with detroit. he can work quickly in there. titus young should be a factor. a lot of big tight bodies out there now. maybe a good shot for a hail mary. >> al: you just mentioned the guys who will be two, three and four on your receiver depth chart behind calvin johnson. third and two. over the middle. taking it to the 35 yard line is bell. fi
the fiscal deadline could affect the defense budget. >> on tomorrow morning's "washington journal," we continue our look at the so- called fiscal clef and what happens if the budget cuts take place in january. jim doyle the effect on businesses. after that, charles clark looks at domestic program cuts. in more about the issue with the brookings institution. bless your e-mail, phone calls, and tweets. that is live tuesday at 7:00 a.m. eastern on c-span. >> next, president obama talking about the economy and the need to reach an agreement with congress on the january fiscal deadline. he spoke at a diesel plant outside of detroit. his remarks are about 25 minutes. >> hello, redford! [applause] it is good to be back in michigan. [applause] how is everybody doing today? [applause] now, let me just start off by saying we have something in common -- both our teams lost yesterday. [laughter] i mean, i would like to come here and talk a little smack about the bears, but we didn't quite get it done. but it is wonderful to be back. it is good to see everybody in the great state of michigan. [appl
she suffered. the foundation for defense of democracy is held this discussion. it is about an hour. >> good morning, it is a very interesting panel so i want to get quickly into questions. i want to quickly set the stage -- i don't need to tell anyone in this room about the death of the problem of human rights abuses in iran. i would just read briefly from the report that the u.n. special wrote and file to the u.n. general assembly in september of 2011 when there was a pattern of systemic violations of human rights. iran has refused access to the united nations special representative on human rights. in september, 2011, the un secretary-general submitted a report to the general assembly in which he said he was "deeply troubled by reports of increased numbers of executions, amputations, arbitrary arrests and detentions, unfair trials, torture, and ill treatment and bemoaned the crackdown on human rights activists, lawyers, journalists, and opposite -- and opposition activists." one example from the week's news -- there was what qualifies in iran as a some good news -- a well-known h
need to do the defense authorization bill. we have to do something on spending. i hope the republicans move, so we can get that done. we are going to work on this community banking thing. that covers most everything. i may have missed a thing or two, but that is generally. christmas is two weeks from today. >> [indiscernible] >> i am sorry. what is that? >> the republican support on the -- >> they said what? >> [indiscernible] >> you know, this is -- everyone, listen to this. we suddenly have republican votes on internet poker. two weeks before christmas, without being vulgar, what the hell? that was too vulgar. >> for people watching this common [indiscernible] in the time we have left, in terms of getting something done? >> we can do things very quickly. but this is not something we can do easily, at least as far as bill-drafting goes. until we hear something from the republicans, there is nothing to draft. we can get things done quickly. i think it is going to be extremely difficult to get it done before christmas, but it could be done. there are things we have to do before the end
's been damaged by people -- by all of these hits she's had to endure without having the full defense that you would have if you were a nominee? plus, the fact that this would open a whole benghazi investigation. >> as you know, andrea, there is a commission that's reporting soon to the secretary of state on benghazi, but, as you know, once a nominee is named, you basically go into a very silent period, so if either ambassador rice or senator kerry were nominated, they would have to go into a very quiet period, and until the actual hearing took place, which probably wouldn't take place in january anyway, there would be no comment, no visibility by either one of them. i don't think that's so much of an issue because neither one of them would be out there doing some defense of themselves or some arguments against them. it would allow the chattering class to let loose once either one of them is nominated with the pluses and minuses of either one of them, but as far as their own individual involvement, they wouldn't be able to be visible to the actual hearing anyways. >> and speaking of t
strong and free. defense secretary leon panetta also said in a statement, i was deeply saddened to learn a u.s. service member was killed in the operation. i want to extend my condolences to his family, teammates and friends. to had fallen hero and our special operators americans seed highest ideals of citizenship and service and the torch of freedom burns brighter because of them. bill: reminder again of the great sacrifice from so many. steve centanni, thank you. martha. >> reporter: you bet. martha: also in the fight against terror a big blow to al qaeda, its second-in-command killed in a drone strike. pakistani intelligence officials say abu saiid kuwaiti was killed. and he was presented as a religious scholar for the group. he was promoted second-in-command earlier this year. >>> back to the economy now, china apparently going on an american spending spree. a chinese company agreed to buy a big chunk of insurance giant aig for more than $4 billion after the company got a huge bailout during the u.s. financial crisis. that is not the only bargain that china is picking up from u.s. ta
that are ought mattic in the defense industry, defense industry alone is looking at hundreds of thousands of job cuts next year with nos mandatory cuts go into effect. i'm not saying they are. so it's both cutting and taxing, we're too focused on the tax. bottom line, the government takes it out of the system cutting and raising taxes and the small or deficit. that means that people are going to be out of work, almost by definition in the short run. but in the long run it's a healthier economy that doesn't go down the path of greece. if the long run greece would have low unemployment, but they do not, but yes, we're going to go a percent, if it happens the worse case scenario, but in five years we won't be not able to borrow money. >> brenda: julian, you can go ahead and respond. >> first of all, the ernst & young study has been debunked over and over. and number two, the bush tax cuts, if you let the bush tax cuts. the crs study was a republican study and found the same thing as the cbo. if you let bush tax cuts expire on everybody, yes, you would have negative economic impact. the two staetudi
to intercept any potential missiles coming from syria. and defense officials say any country that sends its equipment is likely to send their own troops to operate it we're told no one has signed deployment orders officially just yet. it's almost certain at this hour u.s. troops will be on the move. there is absolutely no indication our fighting men and women would cross into syrian territory. but the pentagon has told the obama administration it would require more than 75,000 soldiers to secure syria's chemical weapons stockpile. it's impossible to say exactly how much that would cost. but the price tag for that sort of operation could easily run into the billions of dollars. now, again, there is no indication at all that such an operation will happen any time soon. all this coming just days after president obama warned the syrian regime of consequences if it turned chemical weapons on its own citizens. and today secretary of state hillary clinton saying the world has made that perfectly clear to president bashar assad. >> we have sent an unmistakable message that this would cross a red li
a member of the redskins offense against the defense to find out how much they know about the upcoming opponent. this sunday, it is the battle of the beltways with the focus on baltimore this time. here is lindsay murphy. >> reporter: welcome to another edition of the 4 down showdown. read dowdy representing the defense. they are up by three in this game. even if you lose, the defense is still doing well but of a got confidence in you. >> he is from baltimore. i see what you're trying to do. you're trying to even the score but that's okay. >> maybe i'm trying to help the offense out. chris chester representing the o. you think you'll do well because you used to play with the ravens. >> it's been a while but i spent a lot of time there so i still may remember a thing or two. >> reporter: let's do it. first down. this is such a cake question. what is the large of the city in maryland. >> baltimore. >> going to give that to reed. >> that was pretty easy. >> that was cake. >> reporter: second down, there are three downtown areas along the port. the inner harbor, sells point and the italy.
court took has to do with the defense of marriage act signed by bill clinton shamefully in 1996, which defines marriage under federal law as one man/one woman. but since then, there has been an amazing turnaround in public attitude and public acceptance of same-sex marriage. remember just a few years ago, there were, like 10 or 11 constitutional amendments up in the same year inch 10 or 11 states put on there by right-wingers who were using that as a way of deriving conservative -- driving conservatives to the polls. it was when george bush first ran, they could get the him elected overall gore or whatever. but did he have a huge success for the same-sachsey -- anti-same-sex marriage people. there are nine states which allow recognized same-sex marriage, massachusetts, iowa, vermont, new york, connecticut, new hampshire. i think hawaii is on that list too. one, two, three, four, five. and the district of columbia plus the state of this year just added, maryland and washington plus, remember the president of the united states himself, who used
? >> kimberly: i was in a movie happily ever after. judge and i are a defense attorney. he's the uncle of my ex-husband. >> bob: which? >> kimberly: gavin. >> dana: can you sing a song from that? >> greg: this is about it was a truther working with your teachers. that is the freakty thing. they know history and they're working with the truther. we have kids working with the wackos. anti-capitalist filmmaker michael moore member of the 1% believes in taking from the rich and giving to the poor. you know what else he believes? lining his pocket with the taxpayer dollars. that story is ahead on "the five." ♪ ♪ >> eric: welcome back. i'm often asked if liberals really believe the stuff they say they believe. how could they? case and point, michael moore, the world's worst person and who spent most of his life pointing fingers at the makers and holding the takers on a pedestal and laughing all the way to the bank. but it wasn't funny when someone confronted him for being 1%. >> aren't you part of the 1 in fact >> i do very well. >> how are you helping these people? >> how are you hemming people
of those cases, one involving the defensive marriage act is silent on the other which takes on california's prop 8. according to politico, the court's decision to take the case puts pressure on the president saying, quote, obama never rejected the notion that the u.s. constitution could protect the right of gays and lesbians to marry but repeated description of the issue of one best handled by the states seems to undercut the idea that the supreme court should declare a federal right to same-sex marriage. joining me is former white house adviser to president obama. also, quoted multiple times in this particular article i was referencing, richard. thank you for joining me. in the article they quote you as saying i think the federalizes the issue much more quickly than the white house would have liked and may force them to take a position earlier than they would have liked. >> right. well, we remember back it was just last may when president obama said that he personally supported the right of americans, same-sex couples, to marry. that was a huge deal. first time a president had everyone d
defense capabilities have been reduced with massive cuts in the defense budget, and perhaps more on the way. we've seen a president who is very comfortable with american decline, who seems to think that the united states is part of the problem, who thinks that a strong, assertive america with a major place in the world is part of the problem and is happy to have our influence recede. i think the vice-president's emphasis on our lack of credibility is quite significant when you hear administration spokes people talking about syria and tell assad there will be consequences if he use chemical weapons. what do they mine, indicting him in the international criminal court? that's their idea of serious consequences. it's no wonder that neither assad nor other dictators pay attention to us. >> greta: it's a real immediate risk that something will happen to those chemical weapons with the president of syria, and if something does happen, it will be a minute before tens of thousands of people will be dead. i'm curious. what would you -- number one, with 20/20 hindsight, what would you have
and i'm not talking about the department of defense, which is one of the major expenditure items but that's not the subject for tonight. tonight, the subject is medicare and medicaid. the medicare program is a big one and it certainly is a program that's expensive and is a program that has grown on the average faster than inflation. but in the last two years, that's not the case. and we'll discuss that in more detail later. in fact, medicare has fallen below the general rate of health care inflation. let's talk about what we can do about medicare instead of saying what we ought not do, we are going to start this discussion talking about what we can do and the president has put out several ideas that deserve the attention of the 435 members of this house and the 100 senators. because there are things that really can be done immediately to significantly reduce the cost of medicare. just in listening to my colleagues here on the floor discuss the departure of some extraordinary members from the ohio delegation, i came across an article in one of the local hill newspapers. and this a
into place in january. that will be devastating to our military. that is based on secretary of defense and his comments. i had the army chief of staff in my office a week or so ago telling me they are look to go cut 80,000 people out of the active duty army beginning now. that is before these massive cuts come through. i think they will see the harmful effects over the next decade. >> in a word do you think we avert the train reck? are we getting a front row seat and watch it happen? >> we want to you get an agreement we want to you work it out. >> we don't want you to throw our principals into the train. as you mentioned we have passed the proposal that would stop the defense cuts that would stop the tax rates from going up. we passed something the president asked and i think we are willing to go over the cliff. we are willing to work to try to get the agreement. in the process we don't want to throw the fundamental principles out the window. i think we firmed it as well. >> thanks for being with us. always a pleasure. >> she was one of america's darlings when she captured the imagina
medicare benefits? and why don't we cut the -- the defense budget? why do we need people in europe? why do we need them in japan? what are we doing in decree california? i want some answers to this. >> well, go to the web and look for the republican budget. that was written by the chairman of our budget committee paul ryan. you will see these savings -- >> 30-year, 40-year plan. i want to know what we can do -- >> well -- number one, defense has already been cut. we can debate how much it should be cut further but it has already been cut. i mean that's just a fact. >> but we added -- >> -- defense on the republican side. you have that global war turf. -- good idea. >> say again, please? >> global war -- >> here's what you have to do. ultimately you're going to take america off the road to fiscal insolvency. you're going to have to reform current entitlement programs for future generations, which is exactly what we do in our budget. medicare is going broke, social security is going broke. the four trust funds. you've got one trust fund going broke in about six years -- i'm happy to put that
to take up the explosive issue of same-sex marriage, agreeing to hear challenges to the federal defense of marriage act and california's proposition 8. nbc's pete williams joins us now from washington with all the latest details. good evening, pete. >> reporter: good evening, larry. the vilma case is the easier one. federal law signed into law by president clinton in 1996. it says if a person is legally married in a state, the federal government can't recognize those marriages. that's where you talked about federal benefits heterosexual couples get and same sex couples do not. the prop 8 thing is bigger. while potentially it's confined to the state of california only, the question it out there having given the right to gay marriage could the state then take it away through proposition 8 passed by a majority of the vote nurse 2008. having taken that case, the court could get to the bedrock issue. can any state refuse to let same sex couples get married under the federal constitution. it could potentially be narrow or very far. >> pete, as i understand it, let me ask you. this one of thes
off the top of the show indicates, 59% oppose significant cuts to defense but 75% favor across the board spending cuts. so where are you and other colleagues willing to start with those spending cuts? i mean, what are democrats willing to put on the table specifically? >> well, first of all, i've spoken to many republicans in the house. i'm one of the most liberal democratic members of the house, but i have great relationships with the republicans. all of us want to resolve this crisis. we want to come to an agreement. so i believe that we will find a way to negotiate this. we also look at, in addition to cutting in areas of pentagon spending such as maintaining nuclear weapons, we have more than enough nuclear weapons to blow up this world many times over again, we can eliminate and save a lot of money in that end with pentagon spending. but also we need to reform our tax code. reform it in a way that closes those loopholes that encourage companies to send their jobs overseas, but rather provide incentives to bring those jobs back home. that's another reason why the president'
revving up a brand new israeli-made missile defense radar system. both countries promise to shoot down anything that might go astray, bill. bill: wow! what is the north korean government saying about it this time, greg? >> reporter: all means a lot to the new young leader kim jong-un. it is meant to mark the first anniversary of the death of his father, kim jong-il and mark the end of the year which is supposed to show the impoverished nation is on its way to be strong and prosperous. we're seeing pongyang manage the message more than usual domestically and internationally. my contacts say this country could very well call the launch successful whatever happens. secretary of state hillary clinton is in europe this week at a meeting in nato in brussels. her message is pretty clear. it wants north korea to stop this. if this missile works, bill, the range could be over 6,000 miles. that would put whatever it is launching in the payload in the range of los angeles. bill: greg palkot, watching that out of london. six minutes past. >> this is not north korea's first attempt at this. since 1
't realize the danger that awaits you. so he has come to his defense. the only man responsible for what happened here is the man who pushes the victim. dr. ablow, thank you for being here. that man is now under arrest. say the new york city police. a 21-month-old baby is about to get take from the only parents she has ever known. how can this happen? "kelly's court" with a heart wrenching case today. general jack keane on the implications of sending u.s. troops along with military hardware to the syrian border. we'll ask him about the growing worry over the use of deadly chemical weapons. stay with us. megyn: a high-profile prank has the british royal family fuming. two radio hosts called into the hospital where the differences of cambridge is suffering from severe morning sickness. they claimed to be the queen and the hospital staff falls for it. trace gallagher, seriously? >> reporter: the funniest thing is they knew going into it they had no shot. they said everybody is going to try to call the hospital so let's also give it a try. the female says i'll be queen elizabeth. you play pr
states ambassador susan rice is going to replace out going senator clinton. and the defense secretary position is being vacated by leon panetta. >> he may reach across party lines and give chuck hagel the top job for the pentagon. >> he has a lot of good people to choose from. he wants to put together a team. a team overall that going into the second term does not look like a group of second strangers. >> treasure secretary tim geithner said he will stay on until the inauguration. jack la is being mentioned as a replacement. >>> they ignored warnings that a large hurricane could hit the big apple. a 2,006 report said it was a question of time before hurricane came and flooded the system and caused wide outages in new york city. those warnings went unheeded due to concerns about budget cuts and the likelihood of such a storm. hurricane sandy is the second costliest disaster in u.s. history. >>> they had the first hack-a-thon. they worked on ideas yesterday afternoon. the goal was to create fun and practical apps using public information available through county records. >> we have seen
a great deal of concern, obviously, but also some defense from the radio station that employs them, saying that even though it's investigating what exactly happened, it doesn't think its staff actually violated any laws and that too much emphasis has been put on the prank call and not enough emphasis on other factors that may have contributed to the apparent suicide of this nurse. >> matthew chance for us this morning in london. >>> in washington all eyes on the fiscal cliff, now just 22 days away. with the white house and republican leaders at a stalemate, president obama is hitting the road to rally support for his plan, which would raise taxes for the wealthiest americans. he met yesterday with house speaker john boehner, their first face to face meeting in more than three weeks. today the president will visit a detroit engine factory to rally support from auto workers. the president's meeting with speaker boehner didn't yield a big breakthrough, but the men did manage to agree on one thing, and that is that they will keep their negotiations behind closed doors. the men released this id
are breaking out over new legislation that puts the union on defense. dagen: the war on business. antitrust penalties. connell: the economic sanctions on iran. we will find out why this matters so much. dagen: it is the top of the hour. stocks now with nicole petallides. nicole: those breakfast meals are doing so well for mcdonald's. leading them right along. it is a top performer on the dow jones industrials. mcdonald's, we have to take a look at it. they are november sales are coming. all of these worries started to brew whether or not they donalds would launch a deal. they are back. they have winning numbers. they show growth of 2.4%. as i noted, breakfast meals doing well here in the states. of $0.89. allost $90, 89.37. the dow jones industrials, right now, are up one quarter of 1%. this is after wreaths. weeks of gains. last week, we gained about 130 points. the traders that i have talked to, continue to say the trend remains to the upside. back to you. connell: thank you. dagen: president obama pushing his plan for dealing with the fiscal cliff in detroit. connell: peter barnes is in
. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democrats want. according to scott hodge of the tax foundation. what are some alternatives to raising revenue? joining me with some ideas. to your point, you're written quite extensively on this topic. it seems the economy is poised to fall off the cliff and that's what the democrats and the president wants to happen. >> they want to allow all the bush tax cuts to expire. it happens naturally automatically. they don't even have to vote for it. in january we had to lower taxes for everybody. getting it very simply. lori: a lot of people are concerned. if we do go over the cliff, there's no resolution for the alternative minimum taxes, will not be passed that does not get resolved you have 20 million more a
billion, more or less. >> more or less. >> it's homeland security, not just defense. >> yeah. that's always been one of the mischaracterizatio mischaracterizations. think of it as all national security. there's other parts that go into medicare providers also. >> can i possibly talk you into leaving the capital gains tax rate alone and the dividends tax rate? they're pro investment, pro capital formation. they help inves tors and retirees and help start new businesses. i know certain tax rates will goup whether i like it or not. can icon vince you to leave capital gains alone? >> it's all on the table. only two people know. that's president obama and speaker baner. i haven't spoken to them today. they're not talking publically. but they are negotiating. i believe getting closer. you have to realize as part of the budget agreement of 2011 we did agree on $1.1 trillion in cuts. that's already there. and i also believe that it's very important that we raise the debt ceiling when we do the fiscal -- >> you will never get it. let me ask you. will the democrats get an increase in and i u
been canceled. >>> south africa's defense minister says former president nelson mandela is doing, quote, very, very well after being in the hospital for three days now. mandela is undergoing tests. officials aren't saying why he's in the hospital. he is 94 years old. >>> two colorado university students are facing felony charges after police say they gave brownies laced with marijuana to their history class. authorities say the professor and another student had to be taken to the hospital. six others were treated at the school. again, not funny. >>> it's a welcome gift for drivers. plunging gas prices for the holidays. cnbc's mandy drurry is here with what's moving your money. how low can they go? >> hopefully, chris, 3 bucks a gallon in much of the country. at this stage you've got u.s. supplies rising. demand is not so hot. so what we're seeing, chris, is wholesale prices are sinking. and that is soon going to be reflected at the pump. we're averaging now around, what, $3.35 a gallon nationwide. prices are expected to drop to around $3.20 a gallon within the next two to three weeks. a
's book shows how important the defense command is in keeping christmas safe. >> it was the night before chris nas in norad air base. each one was in place waiting for the first sight of good old st. nick on his christmas eve night. santa claus has gone missing? >> brian: michael keen is the author of the night santa clause got loss and norad saves chris mampts >> good to be here. >> brian: bring us back in the place when santa was in trouble and norad came to the aid. >> santa claus gets lost on christmas eve and military rescue santa claus so much time is elapse santa doesn't have time to deliver the toyce . the general used tanks and planes and ships around the world to deliver all of santa's toys and got to get santa's approval to help out. >> brian: you broke the story first time in the book. >> that's right. >> brian: and you are unclassifying the story. >> i got defense department approval. >> brian: ambassador rice denied it happened. we'll look into it. the book is out and fascinating to see that norad was a way for kids to track santa almost by accident. >> exactly 1955. colone
. president obama and defense secretary leon panetta responded to the news that a u.s. service member was killed during the rescue. quote: >> reporter: megyn? megyn: absolutely. jennifer, thank you. >>> well, new complaints today after union members picket a fundraiser for prostate cancer research. the union workers were complaining about the cable company executives who attended the fundraiser, but was this really the right place to do that? >>> and growing controversy after president obama shakes hands with the south korean singer whose music video just became the most watched in the world. but before this guy was a global sensation, it turns out -- and it surfaced last week -- that he made news with very angry, very anti-american rants about, quote, killing the yankees in response to the war in iraq and another issue. we will debate whether the president might want to take back that handshake and whether the singer's apology makes up for what he said in the past. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i need to rethink the core of
. citi price rewind. start saving at citi.m/pricerewind. lou: defense officials have identified highly decorated decorated -- decorated navy seal that was killed over the weekend. 28 year-old from pennsylvania of member of tte elite seal team six killed in combat during the mission to rescue dr. joseph who was adopted by the taliban last wednesday successfully rescued by special operation forces five days later. one congressmen pilot at the federal budget and his record before going on the talk-show. here he is yesterday. >> one of the issues left alone as the mischa who was responsible, how we got here and to play in medicare and medicaid and social security as the drivers of the deficit. two wars on a credit card? financial institutions. lou: amnesia apparently is contagious. here are the facts with an 40% of the budget is spent on medicare and social security. the congressmen could recall the voting record himself he voted to approve more spending four times over the past five years. grace of workers made national headlines when a local affiliate, the drinking and smoking marijuana
africa's defense minister says mandela is doing very, very well. he spent 27 years behind bars for fighting the racist white rule. he became the country's first black president in 1994. "cbs moneywatch" time on tuesday. a record fine for hsbc, and could apple's faulty maps be life threatening? ashley morrison with that and more from new york. good morning to you. >>> good morning to you. asian markets were cautious as u.s. leaders agreed to reach a budget deal to avoid the fiscal cliff. tokyo's nikkei gained a fraction while hong kong's hang seng added a quarter percent. >>> this week the federal reserve is expected to announce a new bond-buying program aimed at lowering interest rates. if it works, it might soften the blow if the nation goes over the fiscal cliff. fed chair ben bernanke has said if a budget deal can't be reached, there's little the central bank can do to offset the shock of those spending increases and tax cuts. >>> a strong sales report from mcdonald's offset wall street's worries about the fiscal cliff negotiations. the dow added 15 points while the nasdaq g
for potential chemical weapons, but yesterday, defense secretary leon panetta said new intelligence shows they may be backing off. >>> well, now to west virginia. did you see this? a national gas line exploded in a town just ten miles north of charleston. at first, witnesses thought a plane had crash, as the flames shot up over 75 feet in the air before it was put out. at least five homes up in flames, destroyed, and a portion of the nearby freeway was damaged. officials say the area within 1,000 feet of the explosion site was evacuated. many of the surrounding area still without power. people were treated for smoke inhalation. no major injuries, amazingly, where reported in that natural gas line blaze. >>> the national transportation safety board, of course, will launch an investigation. >>> and finally, grammar winner and virtuoso star ravi shankar has died. you've probably heard his influence in the most famous music. he became friends with the beatle and a longtime collaborator with george harrison. he burst on to the western music scene with legendary performances at the monterey fes
Search Results 0 to 49 of about 108 (some duplicates have been removed)